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Technical analysis by wolf_king888 about Symbol BTC: Sell recommendation (6/21/2025)

https://sahmeto.com/message/3602870
wolf_king888
wolf_king888
Rank: 4572
1.7
Sell،Technical،wolf_king888

📊#BTC bearish cup-handle structure, beware of a pullback!🧠From a structural perspective, we broke below the neckline, which means a bearish structure is established, so we need to be wary of further declines.➡️Yesterday's decline was rapid, so we can wait for a rebound to appear and look for shorting opportunities near the blue resistance area or the downward trend line.➡️Since it is the weekend, the trading volume may be less. If there is no rebound, then we need to wait patiently for a period of sideways consolidation before looking for shorting opportunities.⚠️Note that the area around 106500 is a support-resistance conversion zone. If it breaks through here and stabilizes, we can remain optimistic.🤜If you like my analysis, please like 💖 and share 💬 BTCUSDT.P

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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$103,529.84
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